Which of the Following Describes the Flow of Product Costs

question 21

Multiple Choice

Which of the following describes the flow of product costs through the inventory accounts of a manufacturer?

• A) Raw materials,goods in process,factory overhead,finished goods
• B) Raw materials,goods in process,finished goods
• C) Raw materials,direct labor,factory overhead,finished goods
• D) Raw materials,direct labor,factory overhead

---

Definitions:

Assignment

A task or piece of work assigned to someone as part of a job or course of study.

Components

Constituent parts or elements of a larger whole, often used in the context of electronics, mechanisms, or in abstract terms for concepts.

Cramming

An intensive, short-term study strategy where large amounts of information are memorized in a small amount of time, often used before exams.

Ineffective

Lacking the ability or success in producing a desired or intended result.